Operations - Supply Chain Management

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7 Tips for Building a Robust Supply Chain

A robust supply chain minimizes disruption, which can cost delivering companies significant amounts of time and money, in addition to tarnishing their reputation. Consistency in the supply chain is crucial to a company’s overall performance, but can this be attained when the factors that drive it seem to be out of the company’s direct control?…
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50 expert tips on supply chain optimization

photo by Pixabay | Pexels Fewer than a third of supply chain management professionals view their collaborative processes as being “effective,” according to data from Flexis. It’s a troubling statistic, because as every supply chain manager knows, collaboration is crucial for a fully optimized supply chain. Supply chain optimization, however, is complex, encompassing everything from…
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Five tips to streamline your supply chain

photo by Panom Bounak | Dreamstime.com Analysing and streamlining the supply chain is one way to help companies respond more quickly to market changes while boosting operational efficiency. Here are five simple steps that can result in more efficient, profitable and flexible operations. 1. Review and optimise supply chain processesA high-level process review to document…
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What are the top procurement challenges for the next decade?

The key challenges for procurement professionals in the decade ahead revolve around technology, social value, raising standards and healthcare demand, an event was told. Speaking at Procurex National, Malcolm Harrison, group CEO at CIPS, procurement professionals must be “agile and fleet of foot” as well as agents for social change. He said: “Looking ahead we…
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5 Global Supply Chain Management Tips [Ecommerce Sellers]

Does your business use parts and services from overseas sources? The logistics of a global supply chain can sometimes make or break a business. Regardless of where the products are being shipped from, they must be delivered to the customer in a timely manner, and moreover, arrive in optimal shape. If the products take too…
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The Best Business Advice for Your Supply Chain From Successful Leaders

We talk a lot about digital transformations and how vital they are to stay ahead. But transformations are about more than staying technologically up-to-date and relevant, they’re about adopting a new mindset and revolutionizing the way you do business. From practical guidance to contemplating the bigger picture, here are a few quick tips from those…
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The Next Generation of Warehouse Labor

Working side by side, robots and humans reinvent warehouse work. At the Wurth Adams warehouse outside Minneapolis, Minnesota, a shuttle system brings products to employees, who then pick the items they need to complete their orders. “It’s a goods-to-human system,” says Ken Misch, managing director of operations for the west region. Wurth Adams is part…
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5 Quick Tips about Supply Chain Management

Cost, performance, quality and value areall encased under the supply chain umbrella. Organizations should consistently search for means to enhance their supply chain management systems to be fiscally responsible, productive and efficient. Outlined below are five quick tips to think about regarding supply chain management. 1. Have a Risk Management Strategy Natural disruptions can do…
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Six Top Supply-Chain Strategies for 2020

It’s no secret that today’s supply chains have become more complex than ever, with socioeconomic and market dynamics underscoring organizations’ need to respond to an outside-in, demand-driven world. But companies must now factor in a host of new variables, such as rising protectionism and nationalism across the political landscape. This is forcing many to reexamine…
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Introduction to Supply Chain Management

If your company sells a thing to a customer, your company most likely has a supply chain. And that supply chain impacts almost every other business function. How can Sales sell without Supply Chain supplying products? How can Finance calculate the cost of goods (and your profitability) without Supply Chain managing supplier and manufacturing costs?…
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